Entrepreneurs are competing in an intensifying race to design the future standards for the transmission of money. Gauge war The western English town of Gloucester was once the frontline of […]
The leading cryptocurrency’s design features cause it to behave weirdly: the more speculators buy bitcoin, the greater the short-term downward pressure on its price. “There are two features of bitcoin […]
Bitcoin mining is one of the riskiest industries in the world. Now a new financial product aims to make the activity a little less dangerous. Hashrate futures, launched last week […]
In the last decade, everyone has been able to join networks like Airbnb and Uber to rent out their property or labour. The sharing economy now extends to electricity, where […]
If money is ‘the most successful story ever invented by humans’, as Israeli historian Yuval Harari tells us, then the narrative is about to take a fantastical turn. That’s my […]
For the last four decades we’ve been living through a period of globalisation, with economies becoming ever more specialised. That specialisation has also meant we are all more reliant on […]
Hard economic times can spur the adoption of local currencies. Could digital payments give a boost to the trend? In an economic slump, no one has much cash. And if […]
Today’s dramatic collapse in the oil price is the latest confirmation of an economic slump that central banks and governments appear powerless to halt. Benchmark oil prices, measured by the […]
Leaked prototypes of China’s new central bank digital currency (CBDC) suggest the country will use mobile phone-based money to challenge US control of the global financial system. According to media […]
Bitcoin poses a revolutionary challenge to conventional models of financial governance, says a University of Luxembourg researcher. Financial market infrastructures—or ‘FMIs’, for short—are the most heavily regulated part of the […]